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CNG and LPG Vehicle Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Best Price Guarantee Length Publisher Published Date SKU
from $2,299 135 Pages Prodture December, 2023 PROD18482674
Best Price Guarantee
Price from $2,299
Length 135 Pages
Publisher Prodture
Published Date December, 2023
SKU PROD18482674

CNG and LPG Vehicle Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global CNG and LPG vehicle market is expected to grow at a CAGR of around 7.9% during 2024-2033. This report on global CNG and LPG vehicle market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global CNG and LPG vehicle market by segmenting the market based on type, vehicle type, kit type, sales channel, and region. Also, detailed profiles of companies operating in the CNG and LPG vehicle market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Low Operating Costs than Petroleum Vehicles
• Increasing Concerns for Low Emission Fuel Vehicles

Market Challenges

• Exposed to Cylinder Damages
• High Initial Costs

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Fuel Type

• Compressed Natural Gas (CNG)
• Liquefied Petroleum Gas (LPG)

Market by Vehicle Type

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicle

Market by Kit Type

• Venturi
• Sequential

Market by Sales Channel

• OEM/ Factory Fitted
• Retrofitting/Aftermarket


Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3.Global CNG and LPG Vehicle Market
3.1.Introduction
3.2.Market Drivers
3.3.Market Challenges
4.Global CNG and LPG Vehicle Market Analysis
4.1.Market Portraiture
4.2.Market Size
4.3.Market Forecast
4.4.Impact of COVID-19
4.5.Impact of Russia-Ukraine War
5.Global CNG and LPG Vehicle Market by Fuel Type
5.1.Introduction
5.2.Compressed Natural Gas (CNG)
5.3.Liquefied Petroleum Gas (LPG)
6.Global CNG and LPG Vehicle Market by Vehicle Type
6.1.Introduction
6.2.Passenger Cars
6.3.Light Commercial Vehicles
6.4.Heavy Commercial Vehicle
7.Global CNG and LPG Vehicle Market by Kit Type
7.1.Introduction
7.2.Venturi
7.3.Sequential
8.Global CNG and LPG Vehicle Market by Sales Channel
8.1.Introduction
8.2.OEM/ Factory Fitted
8.3.Retrofitting/Aftermarket
9.Global CNG and LPG Vehicle Market by Region
9.1.Introduction
9.2. Europe
9.2.1.Germany
9.2.2.United Kingdom
9.2.3.France
9.2.4.Italy
9.2.5.Spain
9.2.6.Russia
9.2.7.Netherlands
9.2.8.Rest of the Europe
9.3.North America
9.3.1.United States
9.3.2.Canada
9.4.Asia Pacific
9.4.1.China
9.4.2.Japan
9.4.3.India
9.4.4.South Korea
9.4.5.Australia
9.4.6.Indonesia
9.4.7.Rest of the Asia Pacific
9.5.Latin America
9.5.1.Mexico
9.5.2.Brazil
9.5.3.Argentina
9.5.4.Rest of Latin America
9.6.Middle East & Africa
9.6.1.Saudi Arabia
9.6.2.Turkey
9.6.3.Iran
9.6.4.United Arab Emirates
9.6.5.Rest of Middle East & Africa
10.SWOT Analysis
11.Porter’s Five Forces
12.Market Value Chain Analysis
13.Competitive Landscape
13.1.Competitive Scenario
13.2.Company Profiles
13.2.1.Ford Motor Co.
13.2.2.General Motors Co.
13.2.3.Honda Motor Company
13.2.4.Hyundai Motor Company
13.2.5.IVECO SpA.
13.2.6.Landi Renzo
13.2.7.Nissan Motor Co., Ltd.
13.2.8.Suzuki Motor Corporation
13.2.9.Tata Motors
13.2.10.Volkswagen AG
13.2.11.Westport Fuel Systems
List of Figures
Figure 1: Global CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 2: Global CNG and LPG Vehicle Market by Fuel Type, 2023
Figure 3: Global CNG and LPG Vehicle Market by Vehicle Type, 2023
Figure 4: Global CNG and LPG Vehicle Market by Kit Type, 2023
Figure 5: Global CNG and LPG Vehicle Market by Sales Channel, 2023
Figure 6: Global CNG and LPG Vehicle Market by Region, 2023
Figure 7: Global CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 8: Global CNG and LPG Vehicle Market by Fuel Type (in %), 2023 & 2033
Figure 9: Global Compressed Natural Gas (CNG) Vehicle Market (in US$ Million), 2019-2023
Figure 10: Global Compressed Natural Gas (CNG) Vehicle Market (in US$ Million), 2024-2033
Figure 11: Global Liquefied Petroleum Gas (LPG) Vehicle Market (in US$ Million), 2019-2023
Figure 12: Global Liquefied Petroleum Gas (LPG) Vehicle Market (in US$ Million), 2024-2033
Figure 13: Global CNG and LPG Vehicle Market by Vehicle Type (in %), 2023 & 2033
Figure 14: Global Passenger Cars CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 15: Global Passenger Cars CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 16: Global Light Commercial Vehicles CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 17: Global Light Commercial Vehicles CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 18: Global Heavy Commercial Vehicle CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 19: Global Heavy Commercial Vehicle CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 20: Global CNG and LPG Vehicle Market by Kit Type (in %), 2023 & 2033
Figure 21: Global Venturi CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 22: Global Venturi CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 23: Global Sequential CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 24: Global Sequential CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 25: Global CNG and LPG Vehicle Market by Sales Channel (in %), 2023 & 2033
Figure 26: Global OEM/ Factory Fitted CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 27: Global OEM/ Factory Fitted CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 28: Global Retrofitting/Aftermarket CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 29: Global Retrofitting/Aftermarket CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 30: Global CNG and LPG Vehicle Market by Region (in %), 2023 & 2033
Figure 31: Europe CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 32: Europe CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 33: Europe CNG and LPG Vehicle Market by Country (in %), 2023 & 2033
Figure 34: Germany CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 35: United Kingdom CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 36: France CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 37: Italy CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 38: Spain CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 39: Russia CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 40: Netherlands CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 41: North America CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 42: North America CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 43: North America CNG and LPG Vehicle Market by Country (in %), 2023 & 2033
Figure 44: United States CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 45: Canada CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 46: Asia Pacific CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 47: Asia Pacific CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 48: Asia Pacific CNG and LPG Vehicle Market by Country (in %), 2023 & 2033
Figure 49: China CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 50: Japan CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 51: India CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 52: South Korea CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 53: Australia CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 54: Indonesia CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 55: Latin America CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 56: Latin America CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 57: Latin America CNG and LPG Vehicle Market by Country (in %), 2023 & 2033
Figure 58: Mexico CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 59: Brazil CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 60: Argentina CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 61: Middle East & Africa CNG and LPG Vehicle Market (in US$ Million), 2019-2023
Figure 62: Middle East & Africa CNG and LPG Vehicle Market (in US$ Million), 2024-2033
Figure 63: Middle East & Africa CNG and LPG Vehicle Market by Country (in %), 2023 & 2033
Figure 64: Saudi Arabia CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 65: Turkey CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 66: Iran CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 67: UAE CNG and LPG Vehicle Market (in US$ Million), 2019-2033
Figure 68: Market Value Chain
List of Tables
Table 1: Global CNG and LPG Vehicle Market Portraiture
Table 2: Global CNG and LPG Vehicle Market by Fuel Type (in US$ Million), 2023 & 2033
Table 3: Global CNG and LPG Vehicle Market by Vehicle Type (in US$ Million), 2023 & 2033
Table 4: Global CNG and LPG Vehicle Market by Kit Type (in US$ Million), 2023 & 2033
Table 5: Global CNG and LPG Vehicle Market by Sales Channel (in US$ Million), 2023 & 2033
Table 6: Global CNG and LPG Vehicle Market by Region (in US$ Million), 2023 & 2033
Table 7: Europe CNG and LPG Vehicle Market by Country (in US$ Million), 2023 & 2033
Table 8: North America CNG and LPG Vehicle Market by Country (in US$ Million), 2023 & 2033
Table 9: Asia Pacific CNG and LPG Vehicle Market by Country (in US$ Million), 2023 & 2033
Table 10: Latin America CNG and LPG Vehicle Market by Country (in US$ Million), 2023 & 2033
Table 11: Middle East & Africa CNG and LPG Vehicle Market by Country (in US$ Million), 2023 & 2033
Table 12: List of Key Players

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